Passengers Will Pay for New NYC Wage Hike

Uber passengers in New York City could soon see drastic fare increases after the de Blasio administration voted to set a $17 minimum wage for all ride-sharing drivers.

The NYC Taxi & Limousine Commission, which regulates private transportation, adopted new rules requiring apps such as Uber and Lyft to pay their drivers minimum rates estimated at $17.22 per hour. The new wage is 15 percent higher than the city minimum of $15, which the commission said was needed to offset the additional costs workers face as independent contractors. The commission said companies like Uber and Lyft must share their success

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